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FRFC vs GBDC: Dividend Comparison 2026

FRFC yields 2.16% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.82M in total portfolio value
10 years
FRFC
FRFC
● Live price
2.16%
Share price
$64.90
Annual div
$1.40
5Y div CAGR
10.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$25.3K
Annual income
$711.98
Full FRFC calculator →
GBDC
GBDC
● Live price
11.86%
Share price
$12.65
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.85M
Annual income
$16,450,733.83
Full GBDC calculator →

Portfolio growth — FRFC vs GBDC

📍 GBDC pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodFRFCGBDC
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, FRFC + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
FRFC pays
GBDC pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

FRFC
Annual income on $10K today (after 15% tax)
$183.36/yr
After 10yr DRIP, annual income (after tax)
$605.18/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.91/yr
After 10yr DRIP, annual income (after tax)
$13,983,123.76/yr
At 15% tax rate, GBDC beats the other by $13,982,518.57/year in after-tax income after 10 years on $10,000
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Lazy Portfolio Split Optimizer

What's the optimal mix of FRFC + GBDC for your $10,000?

FRFC: 50%GBDC: 50%
100% GBDC50/50100% FRFC
Portfolio after 10yr
$10.44M
Annual income
$8,225,722.91/yr
Blended yield
78.81%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

FRFC
No analyst data
Altman Z
0.2
Piotroski
3/9
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.7% upside vs current
Range: $13.00 — $15.00
Altman Z
0.6
Piotroski
6/9
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FRFC buys
0
GBDC buys
0
No recent congressional trades found for FRFC or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricFRFCGBDC
Forward yield2.16%11.86%
Annual dividend / share$1.40$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR10.2%51.1%
Portfolio after 10y$25.3K$20.85M
Annual income after 10y$711.98$16,450,733.83
Total dividends collected$4.4K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

Year-by-year: FRFC vs GBDC ($10,000, DRIP)

YearFRFC PortfolioFRFC Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,938$237.72$12,492$1,791.70$1.6KGBDC
2$11,971$267.79$16,527$3,160.58$4.6KGBDC
3$13,111$301.85$23,588$5,904.90$10.5KGBDC
4$14,369$340.48$37,141$11,901.65$22.8KGBDC
5$15,759$384.32$66,205$26,463.38$50.4KGBDC
6$17,297$434.10$137,452$66,612.65$120.2KGBDC
7$18,998$490.70$342,372$195,298.53$323.4KGBDC
8$20,883$555.09$1,053,292$686,954.33$1.03MGBDC
9$22,973$628.41$4,111,439$2,984,416.95$4.09MGBDC
10$25,293$711.98$20,849,974$16,450,733.83$20.82MGBDC

FRFC vs GBDC: Complete Analysis 2026

FRFCStock

First Robinson Financial Corporation operates as the holding company for First Robinson Savings Bank, National Association that provides various banking products and financial services to individual and corporate customers. The company offers various deposit products, including checking, savings, money market, and individual retirement accounts; direct deposits; and certificates of deposit. Its loan portfolio comprises personal, home mortgage, home equity, auto, business term, agricultural, and commercial real estate loans, as well as business lines of credit. The company also offers ATM and debit card, mobile deposit, online and mobile banking, bill pay, credit card, e-statement, money transfer, wire transfer, notary, night depository, coin counting, fax, money orders, bounce protection, merchant card, and cash management services; and safe deposit boxes, cashier's checks, and trust and investment services. It operates 5 full-service offices; and serves customers in Crawford and surrounding counties in Illinois; and Knox and surrounding counties in Indiana. The company was incorporated in 1997 and is headquartered in Robinson, Illinois.

Full FRFC Calculator →

GBDCBDC

Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It seeks to invest in the United States. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.

Full GBDC Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.